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  • Balance Sheet Showing Assets and Liabilities of a Company

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    teja reddy
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    This balance sheet shows the financial position of a company with assets totaling $1,305,000 equal to liabilities of $1,305,000. The major assets are stock valued at $450,000, cash of $230,000, and $500,000 in the bank. Liabilities include $505,000 in the profit and loss account and $50,000 in bills payable.

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    This balance sheet shows the financial position of a company with assets totaling $1,305,000 equal to liabilities of $1,305,000. The major assets are stock valued at $450,000, cash of $230,000, and $500,000 in the bank. Liabilities include $505,000 in the profit and loss account and $50,000 in bills payable.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    16 views1 page

    Balance Sheet Showing Assets and Liabilities of a Company

    Uploaded by

    teja reddy
    This balance sheet shows the financial position of a company with assets totaling $1,305,000 equal to liabilities of $1,305,000. The major assets are stock valued at $450,000, cash of $230,000, and $500,000 in the bank. Liabilities include $505,000 in the profit and loss account and $50,000 in bills payable.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    Balance Sheet

             
    Laibilities   Amt Assets Amt
    Capital     Furniture 50000
    Ismath 150000   Stock 450000
    Roshini 150000   Cash 230000
    Richa 150000   Bank 500000
    Saleem 150000   Bills Recivable 75000
    Hemanth 150000 750000    
    P/L Account   505000    
    Bills Payable   50000    
             
             
             
    Total   1305000 Total 1305000

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